- All proposals of the Board of Directors have been accepted by a vast majority
- All members of the Board of Directors have been re-elected
- An ordinary dividend of CHF 0.30 per bearer share will be paid out April 12th, 2011
Cheseaux, Switzerland – April 5th, 2011– The Annual General Meeting of Kudelski SA (SIX:KUD.S) was held today at Lausanne’s Palais de Beaulieu. All proposals of the Board of Directors were voted with strong majorities. 201 shareholders attended the Meeting or were represented, corresponding to 63’529’515 shares out of a total of 95’038’312 shares.
The shareholders approved the annual report, Kudelski SA’s financial statements and the Group’s 2010 consolidated accounts and profit allocation. They also approved the amendment to the 2010 financial statements to reclassify in the cash flow statements transactions with non-controlling interests. They also agreed to the reports of the Group auditors, as well as to the release of the Board of Directors and the Executive Board for 2010.
Messrs Norbert Bucher, Laurent Dassault, Patrick Foetisch, André Kudelski (Chairman and Chief Executive Officer), Mrs Marguerite Kudelski and Messrs Pierre Lescure, Claude Smadja (Vice Chairman) and Alexandre Zeller were re-elected as members of the Board for a one-year term.
PricewaterhouseCoopers SA in Lausanne (Pully) was re-elected as the Group’s audit firm for a one-year period.
An ordinary dividend of CHF 0.30 per bearer shares and of CHF 0.03 per registered share will be paid on April 12th 2011 after deduction of the 35% withholding tax, upon presentation of coupon N 08.
About the Kudelski Group
The Kudelski Group (SIX: KUD.S) is a world leader in digital security and convergent media solutions for the delivery of digital and interactive content. Its technologies are used in a wide range of services and applications requiring access control and rights management to secure the revenue of content owners and service providers for digital television and interactive applications across broadcast, broadband and mobile delivery networks. The Kudelski Group is also a world technology leader in the area of access control and management of people or vehicles to sites and events. It additionally offers professional recorders and high-end hi-fi products. The Kudelski Group is headquartered in Cheseaux-sur-Lausanne, Switzerland. For more information, please visit www.nagra.com
Contacts
Santino Rumasuglia
(contact for investors and financial analysts)
Kudelski Group
Head of Investor Relations
+41 21 732 01 24
[email protected]
Daniel Herrera
(contact for general interest media)
Kudelski Group
Head of Corporate Communications
+41 21 732 01 81
[email protected]